There are two types of traders: 1. You see your trading setup presents perfectly, it ticks all your boxes(for example, price closed above moving average, x-day moving average crosses above Y-day moving average, or ascending triangle is formed, head-n-shoulder appears etc), and you start punching keyboard, submit your order. I call this Kangaroo trader. 2. […]
Trading Journal
Volatile week ahead, and a little bit of GBPJPY
Firstly, I am not sure if I am going to trade in the coming week. We have interest rate statements from Australia, New Zealand, Canada, U.K , ECB, and Bernanke is going to say something, and to make it more interesting, U.S unemployment Rate is coming. I might just sit in front of my screen […]
Yes, It is time now…
February is definitely a good month for currencies traders. We have AUD/USD, EUR/USD making all time high, a volatile GBP, weaker USD….blah blah… there were just so many trading opportunities. Anyway, February is over. Welcome to Autumn March. (Yup, it is Autumn in Australia now). Before we start a new trading month, it is time […]
Call it a week. It is coffee time
I am done for the week. Trading preparation will be resumed over the weekend. Now is the time to enjoy coffee and forget about trading. 😀
Another Aussie trade…..Again!..I love Aussie Chicks! (Nah, dollar I mean)
If you are reading my blog, sorry, I am going to show off again :-). Nah, but, I do think I perform pretty well recently. (OK, I am still a humble Asian Chinese man…) I completed all my Aussie trades. I exited the trade when we are hitting historical high 0.94 again. I am sitting […]
Tuesday’s currency day trade
Yes, Gavin, a.k.a Trader Gav is on fire. And I am showing off here :o: I made another loony trade. I shorted USDCAD. This is a text book setup. OK, it is my text book, I don’t think you can find it in Amazon, so give up!. 🙂 This is 1:2 risk/reward trade. Target on […]
